Goods falling under Heading 39 - 150/86 - Customs -Tariff

Goods falling under Heading 39 Notification No. 150/86-Cus. Dated 1-3-1986 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 36/83-Customs, dated the 1st March, 1983, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods falling under Heading Nos. 39.01 to 39.14 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), specified in column (2) of the Table hereto annexed, when imported into India, from so much of that portion of duty of customs leviable thereon which is specified in the said First Schedule as is in excess of the amount calculated at the rate specified in the corresponding entry in column (3) of the said Table : Provided that nothing contained in this notification shall affect the exemption granted under any other notification of the Government of India for the time being in force, from the duty of customs specified in the said First Schedule in respect of the goods referred to in this notification. THE TABLE Sl. No. Description of goods Rate (1) (2) (3) 1. The following goods (including moulding powders thereof) namely :— (i) Phenol formaldehyde resins (ii) Urea formaldehyde resins (iii) Melamine formaldehyde resins (iv) Polyester resins (v) Epoxyde resins (vi) Polyamides (vii) Polymethyl methacrylate (viii) Poly butyl terepthalate (ix) Polystyrene resins 150% ad valorem 2. The following goods, namely : 20% ad valorem (i) Polyphenylene oxide (ii) Polysulphones (iii) Polyacetals (iv) Polycarbonate 3. Polyvinyl Chloride Rs. 10,500 per tonne 4. Silicones 150% ad valorem 5. All others, except polyester chips 100% ad valorem